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ITAT Deletes Section Addition for Demonetisation Cash Deposits Explained Through Cash Flow Statement
Case Law Details
- Case Name
- CSV Renraj (HUF) Vs ITO (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Bangalore
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CSV Renraj (HUF) Vs ITO (ITAT Bangalore)
In CSV Renraj (HUF) Vs ITO, the ITAT Bangalore allowed the appeal of the assessee and deleted an addition of Rs.9,40,000 made under Section 69A of the Income-tax Act, 1961 in relation to cash deposits during the demonetisation period.
The appeal was filed against the order dated 30.11.2025 passed by the Commissioner of Income Tax (Appeals), NFAC, for Assessment Year 2017-18, which had confirmed the addition under Section 69A. The assessee also filed a petition seeking condonation of delay of 28 days in filing the appeal before the Tribu...
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